New to Factoring?

For those who aren't familiar with factoring, it is basically a fast way to get cash to run your business.

Factoring is Not a Loan

When you send your customers an invoice, they usually have 30 days to pay you back. Factoring companies will give you the bulk of the cash up front, sometimes within 24 hours, and collect the payments from your customers themselves. Once the invoices are paid in full, you’ll get the balance left over, minus a small fee.


Factoring Doesn't Require Debt

Sounds simple enough – fast cash for your business – no loans, no debt.

So how do you go about choosing the best factoring company?

Not all of them are created equal. Not all of them will give you the same level of service you need to help grow your business.

Everyone claims they have the simplest rate structure in the industry, no long-term contracts, same day funding, no up-front fees, no monthly minimums or maximums, etc., etc., etc.

We also offer these same benefits, but we GO THE EXTRA MILE FOR YOU that other factoring companies don’t.

Here’s Why We Are The Factoring Company You Need For Your Business

No other factoring company matches our level of superior service and offerings.


As you can see, we simply have more to offer you.

Other factoring companies don’t even compare.
Warren

And Not All Factoring Companies Can Say This:

More than half of our new business comes through client referrals.

So, Can Your Company Use Factoring?

Of Course! Companies of all sizes, from small privately-owned companies to large multi-national corporations, use factoring as a way to increase their cash flow. Factoring spans all industries, including trucking, transportation, manufacturing and distribution, textiles, oil and gas, staffing agencies and more.

Companies use the cash generated from factoring to pay for inventory, buy new equipment, add employees, expand operations—basically any expenses related to their business. Factoring allows a company to make quicker decisions and expand at a faster pace.

Unlike a bank loan, factoring has…

  • No principle or interest to pay over time
  • No debt to repay
  • Unlimited funding potential – no caps
  • Fast funding – no waiting months like at a bank
  • Approval is based on the strength of your clients, not your credit
  • Startups are welcome in using funding services

Some of the benefits you receive with factoring are:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information for the city of Warren

Warren is a city in Macomb County in the U.S. state of Michigan. The 2010 census places the city's population at 134,056, making Warren the largest city in Macomb County, the third largest city in Michigan, and Metro Detroit's largest suburb. The city is home to a wide variety of businesses, includingMotors Technical Center, the United States Army Detroit Arsenal, home of the United States Army TACOM Life Cycle Management Command and the Tank Automotive Research, Development and Engineering Center (TARDEC), the headquarters of and Acceptance. The current mayor is James R. Fouts, who was elected to his first mayoral term in November 2007.Companies based in Warren includeRestaurants and SRG Global.

 

 

Information for the state of Michigan

Products and services include automobiles, food products, information technology, aerospace, military equipment, furniture, and mining of copper and iron ore. Michigan is the third leading grower of Christmas trees with 60,520 acres (245 km2) of land dedicated to Christmas tree farming. Michigan ranked fourth in the U.S. in high tech employment with 568,000 high tech workers, which includes 70,000 in the automotive industry. Michigan typically ranks third or fourth in overall Research & development (R&D) expenditures in the United States. Its research and development, which includes automotive, comprises a higher percentage of the state's overall gross domestic product than for any other U.S. state.

 

The state is an important source of engineering job opportunities. The domestic auto industry accounts directly and indirectly for one of every ten jobs in the U.S. A wide variety of commodity crops, fruits, and vegetables are grown in Michigan, making it second only to California among U.S. states in the diversity of its agriculture. The state has 55,000 farms utilizing 10,000,000 acres (40,000 km2) of land which sold $6.6 billion worth of products in 2008. The most valuable agricultural product is milk. Leading crops include corn, soybeans, flowers, wheat, sugar beets and potatoes. Livestock in the state included 1 million cattle, 1 million hogs, 78,000 sheep and over 3 million chickens. Livestock products accounted for 38% of the value of agricultural products while crops accounted for the majority.

 

You are about to be relieved of the stress and time consuming process of collecting on your accounts receivable.  

Why not start considering to use factoring businesses as a way to change your motive and give yourself a more comfortable future in the eyes of your staff and your bank balance? -Warren Factoring Companies

 

 

CASH FLOW SATISFACTION OR ELSE!  

Warren Factoring Companies Articles

"

Why Trucking Companies Use Factoring Companies.

 

As the owner of your own business, you may be more than aware already of the difficulty in making sure that cash flow issues do not become a problem down the line. After all, the worst thing that can possibly happen for your business is to find yourself embroiled in a long and difficult situation that leaves you forever trying to find the cash you need on an ongoing basis.

 

For any business in this situation, the problem can come for waiting for work to clear up and actually be paid into your account. Invoices, checks, and the like can take some time to actually to be processed which can leave you with short-term cash flow issues. Thankfully, there are options out there for businesses to look into – and one of these is factoring companies.

 

Factoring companies will, in exchange for your invoices, provide you with the cash today so that you don’t need to worry about the waiting period that could make paying the bills and getting materials more difficult. With this type of setup, invoice factoring can become incredibly useful for many businesses who need to get out of a cash trap which they have found themselves in.

 

Because, depending on the size of the job, it can take up to 60 days for some businesses to get paid then it’s important to cover your own back and not leave yourself cash short to pay the bills. After all, how many businesses have two months revenue just lying there to cover all their expenses until they get paid?

 

This is especially true of trucking companies. They tend to deal with lots of invoices which means a significant amount of collection time involves business owner themselves. Trying to get paid in time can become an incredible hassle and this is why you use trucking factoring companies who are happy to help out truckers specifically.

 

As we all know, trucking is an incredibly large industry with many companies out there employing hundreds of drivers. Unfortunately, many of these drivers end up in money troubles because they are still waiting for work from six weeks ago to actually pay them. When this is the situation for a trucking company, turning to factoring companies for assistance might be the best choice left.

 

This means that a trucking company can pay the wages of the staff, keep all the trucks topped off with fuel and continue to scale, grow and expand without always waiting for the money which is taking too long to come in. Trucking Businesses running without a factoring program put in place are leaving themselves at significant risk, as competitors cash out fast and continue to expand.

 

There’s genuinely nothing to be worried about when it comes to using a Factoring company – they aren’t like a bank or somebody who is going to leave you with a huge pile of debt to pay back. You give them genuine invoices from work you have already finished, you are merely speeding up the payment process.In the United States, where trucking companies thrive, factoring companies are not considered borrowing in any capacity. This confidential agreement then allows both parties to profit and enjoy a comfortable future – it gives the factoring company a guaranteed asset of income to add to the list and it gives the trucking firm the needed cash that they worked hard to earn.

 

The trucking company provides their invoices to the factoring company. The trucking factoring company then receive the payments from the trucking company’s customers. Factoring has been around for hundreds of years and has been used for many years by many different industries – but none more so than truckers. While you may miss out on a small part of the money, something like 1-3% depending on who you work with, it means that you are getting the money today and can actually start putting the money to work.

 

After all, an IOU or an invoice is not going to pay for expenses, is it? For trucking companies when the money can be good one day and gone the next, it’s up to the drivers to work sensibly and to ensure they are leaving themselves with a significant amount of time and finance to get through the week until they are paid again.

 

So the next time your trucking business is having some short-term cash flow issues and you are spending too much time chasing slow paying clients, why not start considering using a factoring businesses as a way to get your money and give yourself a more comfortable future in the eyes of your trucking staff and your bank balance?

 

 

"

 

You are about to be relieved of the stress and time consuming process of collecting on your accounts receivable.

 

 

Warren Factoring Companies Articles

Healthcare Staffing Factoring

 

The healthcare field is arguably one of the most rapidly growing industries in the United States. With the baby boomers, the largest section of our population, reaching retirement age the need for expanding healthcare services has never been more pronounced.

 

At the center of this growth are healthcare staffing agencies that hire for hospitals, clinics, doctor’s offices and a wide range of medical facilities. However, while business is booming the ability for these staffing agencies to expand is inhibited by the customer invoice system. Fortunately, there are healthcare staffing factoring companies around to help them in their time of need.

 

We asked the owner of a local healthcare staffing agency, Joy Reed, to talk to us about how factoring companies helped expand her business and provide a much needed boost at a critical time for her company.

 

“Hello Joy and welcome. I was hoping you would tell us a little about how healthcare staffing factoring companies helped your business, but I suppose we should begin by how you got started in this business?”

 

Joy Reed (JR), “Thanks for having me. I actually have been a part of several start-up businesses in my recent career and was looking for a field that would show a lot of promise. It was pretty clear to me that medical staffing was a big need in the healthcare field so I set about to start my own business. I had experience in starting up businesses before, so I drew up a business plan, took out a loan, rented the offices and hired a staff to get started.”

 

“So, you did what most people do in starting up a business. How did it do?”JR: “I actually got off to a pretty good start. I had made a few contacts and managed to get some business right away. This was really helpful because as you might know our clients use invoices for payments and it can take up to 90 days before we actually get the cash in hand. Around four months in we were facing a real crossroads as new opportunities opened up for our business, but we didn’t have the cash on hand to take advantage.”

 

“I’m a little confused. You say you were doing well, but you didn’t have the ability to expand your business?”

 

JR: “That’s right. The problem was back to the invoices that were making up wait up to 3 months before we had the cash. I really wanted to expand my staffing business to handle the new opportunities I was being presented, but I couldn’t because I was still waiting on the invoices to finally turn to cash. So I was asking my accountant about what could be done when the suggestion of a healthcare staffing factoring company was introduced.”

 

“Tell us a bit more about factoring companies.”

 

JR: “Basically, factoring companies purchase the invoices right on the spot so you can have cash on hand immediately instead of waiting up to three months. For healthcare staffing factoring companies, they will then collect the money from the business when the invoice is read to be fully paid. It really worked out for me because I was able to get cash quickly to add new personnel and even expand my offices to include another section of the building I was renting in.”

 

“I understand that factoring companies are there for many different kinds of businesses, including medical staffing. Was it difficult to get set up with a factoring company?”

 

JR: Actually, it was pretty easy once we found a company that met our needs. I just filled out a short form and they looked over a few of the invoices I had to see what companies that I worked with. It really didn’t take long at all before they agreed to cash some of the invoices and I got the money I needed to expand.”

 

“Could you tell me a little more about the advantages of using a factoring company like this?”

 

JR: “Sure, I was not only able to hire a couple of new people and rent additional space, I’ve been able to cash my invoices when unexpected bills come up or if I need to make a purchase quickly for a new piece of equipment. This has come in really handy recently when I decided to move to a new location and needed some cash on hand to make the transition. The factoring services are really quite good with reasonable rates and fast service.”

 

“What’s the differences in using factoring companies over getting a new loan?”

 

JR: “It is frankly much better than getting a loan because with factoring there is nothing to pay back. We are basically getting our own money from the invoices we’ve earned up front and paying only a small fee. With a loan, I would not only have to pay it back but with interest as well. Factoring for us has really been a godsend when it comes to making decisions about how to expand my business. I’m no longer tied down to waiting 2 to 3 months to get paid when I can take what my business has earned and get cash immediately.”

 

“I take it that you are happy with how healthcare staffing factoring has worked out for you?”

 

JR: “You would be correct. I cannot imagine how my business would have expanded at that critical time without factoring companies to buy my invoices. This is a great service that has helped me in my time of need and now my medical staffing business is bigger than ever. I’d recommend factoring companies to anyone running a business that relies on invoices if they need to get cash quickly.”

 

There is little doubt that Joy Reed has been quite happy about the services she received working with a factoring company. Perhaps factoring is right for you and your needs, be sure to search for the type of factoring business that works in your field so that you can get the right services in helping your company to succeed.

 

 

 

 

Warren Factoring Companies Articles

topeka-factoring-companies

 

You Can Find More Information at  http://rjbstudio.com/
and at Factoring at olympicfactor.com

Call Us Today at: 1-866-593-2195

 

Watch our Factoring Company Video below to see how we work for you.

 

 


 

Get CASH NOW for your outstanding receivables.

 

Warren Factoring Companies Links

New York City Factoring Companies

 

Los Angeles Factoring Companies

 

Chicago Factoring Companies

 

Houston Factoring Companies

 

Philadelphia Factoring Companies

 

Phoenix Factoring Companies

 

San Antonio Factoring Companies

 

San Diego Factoring Companies

 

Dallas Factoring Companies

 

San Jose Factoring Companies

 

Austin Factoring Companies

 

Jacksonville Factoring Companies

 

Indianapolis Factoring Companies

 

San Francisco Factoring Companies

 

Columbus Factoring Companies

 

Fort Worth Factoring Companies

 

Charlotte Factoring Companies

 

Detroit Factoring Companies

 

El Paso Factoring Companies

 

Memphis Factoring Companies

 

Boston Factoring Companies

 

Seattle Factoring Companies

 

Denver Factoring Companies

 

Washington DC Factoring Companies

 

Nashville Davidson Factoring Companies

 

Baltimore Factoring Companies

 

Louisville Jefferson Factoring Companies

 

Portland Factoring Companies

 

Oklahoma City Factoring Companies

 

Milwaukee Factoring Companies

 

Las Vegas Factoring Companies

 

Albuquerque Factoring Companies

 

Tucson Factoring Companies

 

Fresno Factoring Companies

 

Sacramento Factoring Companies

 

Long Beach Factoring Companies

 

Kansas City Factoring Companies

 

Mesa Factoring Companies

 

Virginia Beach Factoring Companies

 

Atlanta Factoring Companies

 

Colorado Springs Factoring Companies

 

Raleigh Factoring Companies

 

Omaha Factoring Companies

 

Miami Factoring Companies

 

Oakland Factoring Companies

 

Tulsa Factoring Companies

 

Minneapolis Factoring Companies

 

Cleveland Factoring Companies

 

Wichita Factoring Companies

 

Arlington Factoring Companies

 

New Orleans Factoring Companies

 

Bakersfield Factoring Companies

 

Tampa Factoring Companies

 

Honolulu Factoring Companies

 

Anaheim Factoring Companies

 

Aurora Factoring Companies

 

Santa Ana Factoring Companies

 

St. Louis Factoring Companies

 

Riverside Factoring Companies

 

Corpus Christi Factoring Companies

 

Pittsburgh Factoring Companies

 

Lexington Fayette Factoring Companies

 

Anchorage Factoring Companies

 

Stockton Factoring Companies

 

Cincinnati Factoring Companies

 

St. Paul Factoring Companies

 

Toledo Factoring Companies

 

Newark Factoring Companies

 

Greensboro Factoring Companies

 

Plano Factoring Companies

 

Henderson Factoring Companies

 

Lincoln Factoring Companies

 

Buffalo Factoring Companies

 

Fort Wayne Factoring Companies

 

Jersey Factoring Companies

 

Chula Vista Factoring Companies

 

Orlando Factoring Companies

 

St. Petersburg Factoring Companies

 

Norfolk Factoring Companies

 

Chandler Factoring Companies

 

Laredo Factoring Companies

 

Madison Factoring Companies

 

Durham Factoring Companies

 

Lubbock Factoring Companies

 

Winston Salem Factoring Companies

 

Garland Factoring Companies

 

Glendale Factoring Companies

 

Hialeah Factoring Companies

 

Reno Factoring Companies

 

Baton Rouge Factoring Companies

 

Irvine Factoring Companies

 

Chesapeake Factoring Companies

 

Irving Factoring Companies

 

Scottsdale Factoring Companies

 

North Las Vegas Factoring Companies

 

Fremont Factoring Companies

 

Gilbert town Factoring Companies

 

San Bernardino Factoring Companies

 

Boise Factoring Companies

 

Birmingham Factoring Companies

 

Rochester Factoring Companies

 

Richmond Factoring Companies

 

Spokane Factoring Companies

 

Des Moines Factoring Companies

 

Modesto Factoring Companies

 

Fayetteville Factoring Companies

 

Tacoma Factoring Companies

 

Oxnard Factoring Companies

 

Fontana Factoring Companies

 

Columbus Factoring Companies

 

Montgomery Factoring Companies

 

Moreno Valley Factoring Companies

 

Shreveport Factoring Companies

 

Aurora Factoring Companies

 

Yonkers Factoring Companies

 

Akron Factoring Companies

 

Huntington Beach Factoring Companies

 

Little Rock Factoring Companies

 

Augusta Factoring Companies

 

Amarillo Factoring Companies

 

Glendale Factoring Companies

 

Mobile Factoring Companies

 

Grand Rapids Factoring Companies

 

Salt Lake City Factoring Companies

 

Tallahassee Factoring Companies

 

Huntsville Factoring Companies

 

Grand Prairie Factoring Companies

 

Knoxville Factoring Companies

 

Worcester Factoring Companies

 

Newport News Factoring Companies

 

Brownsville Factoring Companies

 

Overland Park Factoring Companies

 

Santa Clarita Factoring Companies

 

Providence Factoring Companies

 

Garden Grove Factoring Companies

 

Chattanooga Factoring Companies

 

Oceanside Factoring Companies

 

Jackson Factoring Companies

 

Fort Lauderdale Factoring Companies

 

Santa Rosa Factoring Companies

 

Rancho Cucamonga Factoring Companies

 

Port St. Lucie Factoring Companies

 

Tempe Factoring Companies

 

Ontario Factoring Companies

 

Vancouver Factoring Companies

 

Cape Coral Factoring Companies

 

Sioux Falls Factoring Companies

 

Springfield Factoring Companies

 

Peoria Factoring Companies

 

Pembroke Pines Factoring Companies

 

Elk Grove Factoring Companies

 

Salem Factoring Companies

 

Lancaster Factoring Companies

 

Corona Factoring Companies

 

Eugene Factoring Companies

 

Palmdale Factoring Companies

 

Salinas Factoring Companies

 

Springfield Factoring Companies

 

Pasadena Factoring Companies

 

Fort Collins Factoring Companies

 

Hayward Factoring Companies

 

Pomona Factoring Companies

 

Cary Factoring Companies

 

Rockford Factoring Companies

 

Alexandria Factoring Companies

 

Escondido Factoring Companies

 

Mckinney Factoring Companies

 

Kansas City Factoring Companies

 

Joliet Factoring Companies

 

Sunnyvale Factoring Companies

 

Torrance Factoring Companies

 

Bridgeport Factoring Companies

 

Lakewood Factoring Companies

 

Hollywood Factoring Companies

 

Paterson Factoring Companies

 

Naperville Factoring Companies

 

Syracuse Factoring Companies

 

Mesquite Factoring Companies

 

Dayton Factoring Companies

 

Savannah Factoring Companies

 

Clarksville Factoring Companies

 

Orange Factoring Companies

 

Pasadena Factoring Companies

 

Fullerton Factoring Companies

 

Killeen Factoring Companies

 

Frisco Factoring Companies

 

Hampton Factoring Companies

 

Mcallen Factoring Companies

 

Warren Factoring Companies

 

Bellevue Factoring Companies

 

West Valley City Factoring Companies

 

Columbia Factoring Companies

 

Olathe Factoring Companies

 

Sterling Heights Factoring Companies

 

New Haven Factoring Companies

 

Miramar Factoring Companies

 

Waco Factoring Companies

 

Thousand Oaks Factoring Companies

 

Cedar Rapids Factoring Companies

 

Charleston Factoring Companies

 

Visalia Factoring Companies

 

Topeka Factoring Companies

 

Elizabeth Factoring Companies

 

Gainesville Factoring Companies

 

Thornton Factoring Companies

 

Roseville Factoring Companies

 

Carrollton Factoring Companies

 

Coral Springs Factoring Companies

 

Stamford Factoring Companies

 

Simi Valley Factoring Companies

 

Concord Factoring Companies

 

Hartford Factoring Companies

 

Kent Factoring Companies

 

Lafayette Factoring Companies

 

Midland Factoring Companies

 

Surprise Factoring Companies

 

Denton Factoring Companies

 

Victorville Factoring Companies

 

Evansville Factoring Companies

 

Santa Clara Factoring Companies

 

Abilene Factoring Companies

 

Athens Factoring Companies

 

Vallejo Factoring Companies

 

Allentown Factoring Companies

 

Norman Factoring Companies

 

Beaumont Factoring Companies

 

Independence Factoring Companies

 

Murfreesboro Factoring Companies

 

Ann Arbor Factoring Companies

 

Springfield Factoring Companies

 

Berkeley Factoring Companies

 

Peoria Factoring Companies

 

Provo Factoring Companies

 

El Monte Factoring Companies

 

Columbia Factoring Companies

 

Lansing Factoring Companies

 

Fargo Factoring Companies

 

Downey Factoring Companies

 

Costa Mesa Factoring Companies

 

Wilmington Factoring Companies

 

Arvada Factoring Companies

 

Inglewood Factoring Companies

 

Miami Gardens Factoring Companies

 

Carlsbad Factoring Companies

 

Westminster Factoring Companies

 

Rochester Factoring Companies

 

Odessa Factoring Companies

 

Manchester Factoring Companies

 

Elgin Factoring Companies

 

West Jordan Factoring Companies

 

Round Rock Factoring Companies

 

Clearwater Factoring Companies

 

Waterbury Factoring Companies

 

Gresham Factoring Companies

 

Fairfield Factoring Companies

 

Billings Factoring Companies

 

Lowell Factoring Companies

 

Ventura Factoring Companies

 

Pueblo Factoring Companies

 

High Point Factoring Companies

 

West Covina Factoring Companies

 

Richmond Factoring Companies

 

Murrieta Factoring Companies

 

Cambridge Factoring Companies

 

Antioch Factoring Companies

 

Temecula Factoring Companies

 

Norwalk Factoring Companies

 

Centennial Factoring Companies

 

Everett Factoring Companies

 

Palm Bay Factoring Companies

 

Wichita Falls Factoring Companies

 

Green Bay Factoring Companies

 

Daly City Factoring Companies

 

Burbank Factoring Companies

 

Richardson Factoring Companies

 

Pompano Beach Factoring Companies

 

North Charleston Factoring Companies

 

Broken Arrow Factoring Companies

 

Boulder Factoring Companies

 

West Palm Beach Factoring Companies

 

Santa Maria Factoring Companies

 

El Cajon Factoring Companies

 

Davenport Factoring Companies

 

Rialto Factoring Companies

 

Edison Factoring Companies

 

Las Cruces Factoring Companies

 

San Mateo Factoring Companies

 

Lewisville Factoring Companies

 

South Bend Factoring Companies

 

Lakeland Factoring Companies

 

Erie Factoring Companies

 

Woodbridge Factoring Companies

 

Tyler Factoring Companies

 

Pearland Factoring Companies

 

College Station Factoring Companies

 

Albany Factoring Companies

 

Allegheny Factoring Companies

 

Brooklyn Factoring Companies

 

Camden Factoring Companies

 

Canton Factoring Companies

 

Dearborn Factoring Companies

 

Duluth Factoring Companies

 

Fall River Factoring Companies

 

Flint Factoring Companies

 

Gary Factoring Companies

 

Hammond Factoring Companies

 

Kenosha Factoring Companies

 

Livonia Factoring Companies

 

Lynn Factoring Companies

 

Macon Factoring Companies

 

New Bedford Factoring Companies

 

Niagara Falls Factoring Companies

 

Parma Factoring Companies

 

Portsmouth Factoring Companies

 

Reading Factoring Companies

 

Roanoke Factoring Companies

 

Scranton Factoring Companies

 

Somerville Factoring Companies

 

St. Joseph Factoring Companies

 

Trenton Factoring Companies

 

Utica Factoring Companies

 

Wilmington Factoring Companies

 

Youngstown Factoring Companies